Business
Capstone Targets $100M Run Rate Increases Q4 Revenue and Executes Strategic Brand Expansion
Revenue Up over 8% in Q4 Year-Over-Year Toro Stone Launched in 6 New States ALSIP, ILLINOIS / ACCESS Newswire / April 1, 2025 / Capstone Holding Corp. (the "Company" or "Capstone"), (NASDAQ:CAPS), a national building products distribution company ...
About this update from Capstone Holding Corp.
[{"type":"text","content":"Revenue Up over 8% in Q4 Year-Over-Year","length":39,"tagName":"p"},{"type":"text","content":"Toro Stone Launched in 6 New States","length":35,"tagName":"p"},{"type":"text","content":"ALSIP, ILLINOIS / ACCESS Newswire / April 1, 2025 / Capstone Holding Corp. (the "Company" or "Capstone"), (NASDAQ:CAPS), a national building products distribution company that has successfully grown its business organically and through well-timed acquisitions, announced financial results for the full year ended December 31, 2024.","length":351,"tagName":"p"},{"type":"text","content":"Matt Lipman, CEO of Capstone, said,","length":35,"tagName":"p"},{"type":"text","content":""I'm proud of the team's execution and focus on growth in the second half of the year. As the parent company, our mission is clear: double the size of the business through targeted, strategic acquisitions - and we believe we're well on our way. We remain focused on scaling efficiently."","length":309,"tagName":"p"},{"type":"text","content":"The Company is targeting an operating company revenue run rate by the end of 2025 of $100 million and Adjusted Instone EBITDA of at least $10 million.1","length":151,"tagName":"p"},{"type":"text","content":"Kevin Grotke, CEO of TotalStone, LLC (dba "Instone"), a wholly owned operating subsidiary of Capstone and its primary business activity, said,","length":152,"tagName":"p"},{"type":"text","content":""I'm incredibly proud of our team's execution and their sharp focus on customer acquisition and top-line growth. Their efforts have laid a strong foundation for continued success, and I'm excited to see the momentum carry into 2025 as we work toward achieving our ambitious goals - particularly the growth of our proprietary brands."","length":355,"tagName":"p"},{"type":"text","content":"Capstone continues to position itself as a premier, national platform in the building products space. The Company is expanding its geographic footprint, strengthening its portfolio of proprietary brands, and delivering exceptional value to customers and stakeholders alike.","length":273,"tagName":"p"},{"type":"text","content":"FY 2024 Corporate and Operational Highlights","length":44,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Set Acquisition Strategy for 2025:","l...